Spain Advances Housing Decrees Following Call for Snap Elections

The Spanish government has approved new decrees aimed at addressing the country's housing crisis, days after their rejection in parliament triggered the call for snap elections on November 29, Spanish newspaper El País and Greek news outlet iefimerida reported.

The measures include caps on rent prices, a temporary moratorium on tenant evictions, curbs on corporate purchases of residential properties, and expanded financial subsidies to boost construction. A provisional parliamentary body of 69 lawmakers is expected to ratify the decrees to bring them into temporary effect until a new parliament is formed.

Prime Minister Pedro Sánchez championed the initiatives following widespread public protests, noting that he will seek a stronger parliamentary majority in the upcoming election to cement his housing agenda.